"Tariffs Are Tariffing": These Examples Of Walmart Price Hikes Are Going Viral

"Tariffs Are Tariffing": These Examples Of Walmart Price Hikes Are Going Viral

If you're also not ready for even higher prices, raise your hand.View Entire Post ›

Macy’s Is Raising Prices as Tariffs Erode Sales and Profits - RetailWire

Macy’s is increasing prices and discontinuing some items as tariffs are affecting its bottom line. Moving forward, the iconic retailer plans to be very strategic with pricing and will avoid a “one-size-fits-all kind of approach.” According to leadership, with costs going up due to tariffs, the company is evaluating different tactics to deal with the quickly changing retail business landscape. With current uncertainties, Macy’s hopes it can effec…

Roundup: Economic well-being / Macy’s / Fed in agreement

Attitude check: U.S. households reported little change in their economic well-being last year, with nearly three-quarters of adults saying they were “doing OK or living comfortably,” the Federal Reserve reported in an annual survey of people’s attitudes about the economy. Read more from Reuters.  Adjusting for tariffs: Macy’s is raising prices on certain items, renegotiating vendor agreements and shifting its inventory sourcing to ease the brunt…

Macy’s CEO says retailer will hike some prices as tariffs cut into profits

Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations, as the retailer’s CEO said it will hike prices of certain items to offset tariffs. In a news release, the department store operator said it reduced its earnings outlook because of higher tariffs, more promotions and “some moderation” in discretionary spending. Macy’s stuck by its full-year sales forecast, however. For fiscal 2025,…

Macy’s CEO says prices will rise due to tariffs - CEO North America

Today, Macy’s cut its full-year profit guidance due to expected tariff impacts, despite beating Wall Street’s quarterly earnings expectations. In its recent earnings report, Macy’s revised its adjusted earnings per share forecast for fiscal 2025 to a range of $1.60 to $2, down from the earlier estimate of $2.05 to $2.25. The company confirmed its full-year sales forecast to be between $21 billion and $21.4 billion, representing a decrease from $…

Macy’s slashed on Wednesday its year-round profit forecasts even though it exceeded Wall Street’s quarterly earnings expectations, as the retailer’s CEO said it will raise the prices of certain items to offset tariffs. In a press release, the department store operator said it reduced its earnings prospects due to tariff increases, more promotions, and “certain moderation” in discretionary spending. However, Macy’s kept its sales forecast for the…